Tempur Sealy International

(Redirected from Tempur Sealy)

Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.

Tempur Sealy International, Inc.
Company typePublic
NYSETPX
S&P 400 Component
IndustryFurnishings
Founded2012; 12 years ago (2012) (merger of Sealy Corporation into Tempur-Pedic)
Headquarters,
U.S.
Key people
Scott L. Thompson (chairman, president and CEO)
ProductsBedding
BrandsSealy Posturepedic
Tempur
Tempur-Pedic
Stearns & Foster
Bassett
RevenueIncrease US$4.930 billion (FY 2021)[1]
Increase US$912.3 million (FY 2021)[1]
Increase US$624.5 million (FY 2021)[1]
Total assetsIncrease US$4.323 billion (FY 2021)[1]
Total equityDecrease US$285.8 million (FY 2021)[1]
Number of employees
12,000 (As of Dec. 31, 2021)[1]
SubsidiariesSealy Corporation
Tempur-Pedic
Dreams
Websitewww.tempursealy.com

The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012.[2][3] It is based in Lexington, Kentucky.

In May 2023 Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However, in July 2024 the deal was blocked by the FTC due to concerns about its impact on competition in the space.[4]

See also

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References

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  1. ^ a b c d e f "Tempur Sealy International, Inc. 2021 Annual Report Results". February 22, 2022. Retrieved November 3, 2022.
  2. ^ Abram Brown. "Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals". Forbes. Retrieved 27 September 2012.
  3. ^ Rob Wile. "Tempur-Pedic Is Buying Sealy". Business Insider. Retrieved 27 September 2012.
  4. ^ Maruf, Ramishah (2024-07-02). "FTC unanimously moves to block $4 billion merger of mattress giants | CNN Business". CNN. Retrieved 2024-07-05.
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